The dairy company Synlait Milk has reported a 30 percent fall in its first half profit as its costs rose, despite bringing in more revenue.

Forecasts of how badly national and global economies will be hit by the Covid-19 virus are starting to emerge.

As you may have heard in the news, the economy managed modest growth in the final quarter of last year.

A brief update on the movements in the financial sector.

News from the business sector, including a market report.

A brief update from the business sector.

The market has seen another stream of company updates, as many face big financial hits from the cirus.

For the latest from the markets we're joined by Michael Grace from Jarden Securities.

As you may have heard Air New Zealand has extended the suspension of trading in its shares as it assesses the hit to its finances from the covid-19 virus.

Gaming company SkyCity Entertainment has nearly halved its forecast full year profit because of the Covid-19 virus and warned it might be forced to shut all its casinos.